Bengaluru, June 23 -- A well-diversified conglomerate with a strong presence across FMCG, Hotels, Paper & Packaging, Agri-business, and IT services is in the spotlight after mutual funds collectively invested Rs. 7,880 crore in the company during May. This significant inflow highlights growing investor confidence in the company's diversified business model and long-term growth potential.

In May, ITC led the mutual fund buying charts, with investments totalling Rs. 7,880 crore, showing strong mutual fund confidence. It was followed by HDFC Bank, which saw stake purchases worth Rs. 5,800 crore, while Eternal ranked third with inflows of Rs. 5,300 crore.

Reason for Such a High Stake Increase As of the latest shareholding pattern, DIIs hold...